Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Green hydrogen
  • Blue hydrogen
  • Storage & Transportation
  • Consumption
  • Strategies & Trends
  • Finance
  • Women in Hydrogen 50
  • Podcasts
Search
Related Articles
A new standard for hydrogen, part 2
The sector needs a standard covering hydrogen quality for the entire value chain, but no single hydrogen quality covers the needs of all stakeholders
A new standard for hydrogen, part 1
Hydrogen quality is an increasingly important area for the sector. Though well-established standards are in place, they typically cover only certain parts of assets and value chain
EU ramps up support for hydrogen in metals
European Commission backs hydrogen as best option to decarbonise steel sector, but questions remain over technology choices and funding
Germany eyes role as European storage hub
Strategically located salt caverns can provide high volume storage for Germany and neighbouring countries, says Federal Ministry of Economics and Climate Protection
European green projects in scramble for subsidies
European Hydrogen Bank auction is four times oversubscribed, while industry remains on pause in US amid IRA subsidy uncertainty
EU backs hydrogen for role in clean industrial strategy
Commission doubles down on plan to boost growth through investment in transition, as European oil and gas majors refocus on fossil fuels
Hydrogen Market Databook 2025: Western Europe, part 1
The GEI database is tracking nearly 680 active hydrogen projects in Western Europe, with the region accounting for nearly half of the total market share in active hydrogen projects globally
Kazakhstan eyes EU’s green supply gap
Central Asian country’s vast wind and solar resources have attracted a $50b electrolytic hydrogen mega-project aimed at exporting to Europe
EU low-carbon delegated acts could hamper project development
Stringent upstream methane thresholds and ambiguity over compliance with state aid will leave developers struggling, says Hydrogen Europe
Tunisia secures debut green projects
An EU-backed plan to pipe clean energy from the North African country is starting to attract international investors in green hydrogen production projects
Large-scale hydrogen storage is needed
Storage EU
Stuart Penson
6 March 2024
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Letter on hydrogen: Storage matters

Europe must accelerate the development of large-scale hydrogen storage to ensure reliable supplies as demand for the energy vector grows

Europe has a network of natural gas storage facilities that enables it to manage the seasonality of demand and to provide a cushion against supply shocks such as the recent Russian import disruption. It must develop a similar network for hydrogen, and quickly. This is because imports are expected to account for at least half of the continent’s hydrogen supply. The potential level of hydrogen demand seasonality remains unclear as its role in heating is still under discussion, but it could be significant. And fluctuations in domestic green hydrogen supply, as producers trade the arbitrage between hydrogen and renewable power prices, will certainly need to be managed with flexible storage. Germ

Also in this section
A new standard for hydrogen, part 2
12 May 2025
The sector needs a standard covering hydrogen quality for the entire value chain, but no single hydrogen quality covers the needs of all stakeholders
A new standard for hydrogen, part 1
9 May 2025
Hydrogen quality is an increasingly important area for the sector. Though well-established standards are in place, they typically cover only certain parts of assets and value chain
EU ramps up support for hydrogen in metals
6 May 2025
European Commission backs hydrogen as best option to decarbonise steel sector, but questions remain over technology choices and funding
Air Products CEO spells out new reality for clean hydrogen
2 May 2025
Projects will progress only if they are backed by firm offtake deals, with much of firm’s clean hydrogen portfolio underperforming, Eduardo F. Menezes tells investors

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search